September Wine Auction a Stunning Success with 97.7% Lots Sold

By: Stephen Ranger

Bottle of Wine

Our inboxes have been buzzing with happy buyers and sellers

We thought we would share some of the auction statistics with you.

Total # of Lots  44
Total Estimates  $562,690 – $664,700
Total Hammer (bid)  $665,625
Total Realised (bid+premium)  $798,750
Total Bids Placed  4,334
Total Lots Sold  436
Total Lots Unsold  10
Sold Percentage  97.76%
Total Lots Sold Over High Estimate  335
Total Lots Sold Double High Estimate  23

 

All of this to say – that throughout 2017 we have maintained an average of 97% of lots finding buyers at consistently strong prices.

Highlights of the auction

Lot 96 – 1990 Chateau Margaux 1-6 litre bottle $10,560 (including buyer’s premium)
Lot 23 – 1989 Chateau Haut Brion 4 bottles $8,160 (including buyer’s premium)
Lot 135 – 1995 Opus One 6 bottles $5,100 (including buyer’s premium)
Lot 320 – 2000 Chateau Petrus 1 bottle $4,860 (including buyer’s premium)

For a full list of prices realised please see finewine.waddingtons.ca.

Upcoming auctions

We are finalizing lots now for our November auctions and are already in the planning stages for our February 2018 live and online auctions. Wine collectors considering selling are asked to submit lists for consideration at least 10 weeks prior to each auction. The dates for 2018 auctions are posted on the website.

We look forward to offering you another robust and invigorating offering online from November 20 – 28.

Cheers!

The Waddington’s Fine Wine and Fine Spirits Team


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